How Long Does It Take for Bitcoin to Leave Coinbase Lockup?215

When you buy Bitcoin on Coinbase, it goes through a lockup period before you can send it to another wallet. This is because Coinbase needs time to process the transaction and make sure that the money is coming from a legitimate source. The lockup period can be anywhere from 1 to 5 days, depending on the amount of Bitcoin you're buying and your account's verification status. Coinbase will typically send you an email when your Bitcoin is available to send.

Here is a breakdown of the lockup periods for different amounts of Bitcoin:
Less than \$100: 1 day
\$100 to \$200: 3 days
\$200 to \$1,000: 5 days
Over \$1,000: 10 days

If you have a verified Coinbase account, the lockup period may be shorter. To verify your account, you will need to provide a government-issued ID and a proof of address. Once your account is verified, you will be able to buy and sell Bitcoin without a lockup period.

There are a few things you can do to speed up the lockup period:
Verify your Coinbase account. This is the most important thing you can do to speed up the lockup period.
Buy Bitcoin with a bank transfer. Bank transfers are typically faster than credit or debit card purchases.
Buy a smaller amount of Bitcoin. The larger the amount of Bitcoin you buy, the longer the lockup period will be.

If you are in a hurry to get your Bitcoin, you can always try to buy it from a different exchange. However, be sure to do your research before you choose an exchange. Not all exchanges are created equal, and some may have higher fees or less reliable customer service than Coinbase.

2025-02-06

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